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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.70% -0.02% 26.26M 1500.83
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
2.05% 104.0% -4.22M Upgrade

Basic Info

Investment Strategy
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dividend Strength Index. The fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the common stocks and real estate investment trusts (“REITs”) that comprise the index. The index is designed to provide exposure to well-capitalized companies with a history of increasing their dividends. The term “well-capitalized” reflects companies that have strong balance sheets with durable cash flow and a record of profitability.
General
Security Type Exchange-Traded Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class US Equity
Broad Category Equity
Category Name Mid-Cap Blend
Category Index Russell Mid Cap TR USD
Global Category Name US Equity Mid Cap
YCharts Categorization US Mid Cap
YCharts Benchmark Russell Midcap Total Return (^RMCTR)
Prospectus Objective Growth
Fund Owner Firm Name First Trust Advisors L.P.
Prospectus Benchmark Index
Dividend Strength TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Daniel Lindquist 17.33 yrs
David McGarel 17.33 yrs
Jon Erickson 17.33 yrs
Roger Testin 17.33 yrs
Stan Ueland 17.33 yrs
Chris Peterson 8.04 yrs
Erik Russo 3.25 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 18, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
20.07%
-10.35%
24.29%
14.14%
24.78%
-13.55%
11.75%
3.22%
21.83%
-4.38%
31.49%
18.40%
28.71%
-18.11%
26.29%
5.50%
20.64%
-17.81%
20.59%
10.79%
13.03%
-15.03%
23.77%
4.03%
19.82%
-6.39%
13.47%
8.54%
19.38%
-16.02%
19.02%
6.08%
13.31%
-14.81%
32.02%
6.21%
24.10%
-13.16%
15.65%
2.03%
19.08%
-8.90%
25.88%
8.40%
28.89%
-10.12%
11.27%
1.14%
As of April 18, 2024.

Asset Allocation

As of April 15, 2024.
Type % Net % Long % Short
Cash 0.18% Upgrade Upgrade
Stock 99.82% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dividend Strength Index. The fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the common stocks and real estate investment trusts (“REITs”) that comprise the index. The index is designed to provide exposure to well-capitalized companies with a history of increasing their dividends. The term “well-capitalized” reflects companies that have strong balance sheets with durable cash flow and a record of profitability.
General
Security Type Exchange-Traded Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class US Equity
Broad Category Equity
Category Name Mid-Cap Blend
Category Index Russell Mid Cap TR USD
Global Category Name US Equity Mid Cap
YCharts Categorization US Mid Cap
YCharts Benchmark Russell Midcap Total Return (^RMCTR)
Prospectus Objective Growth
Fund Owner Firm Name First Trust Advisors L.P.
Prospectus Benchmark Index
Dividend Strength TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Daniel Lindquist 17.33 yrs
David McGarel 17.33 yrs
Jon Erickson 17.33 yrs
Roger Testin 17.33 yrs
Stan Ueland 17.33 yrs
Chris Peterson 8.04 yrs
Erik Russo 3.25 yrs

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